The dirty secret about Bitcoin: It’s amplifying ransomware, cybercrime, and more

Despite potential benefits, cryptocurrency often gets a bad rap. Cybercriminals are drawn to Bitcoin and other currencies like it due to its anonymity and decentralized system, as reported in a new NullTX infographic.

According to NullTX, the darknet has become the place to go for illegal activity online. Because of the anonymous nature of cryptocurrency, it has become the currency of choice for darknet criminals.

Read more about the findings of the research by NullTX, including the fact that a shocking 97% of darknet illicit activity has been conducted through Bitcoin over the years, on TechRepublic.